Estate planning is a foundational component of personal financial planning. A well-prepared estate plan ensures that your assets are allocated according to your wishes and that your family is cared for. Here are some steps you can take that can help...

With many people deciding to live at home for longer, it is important to understand the financial and emotional costs associated with aging in place. Further, it is important to take a look at how easy-to-use technology and smartphone apps can help u...

An endless conversation in the world of personal financial planning surrounds the question of how much money you should leave for your children or grandchildren. While some people see great value in keeping family wealth within the family, critics sa...

Retirement planning is a complicated, yet hugely important part of financial planning. For incorporated professionals, this process can get even more complicated. This article aims to provide you with insight into various sources of income available...

If you’re looking to give back to your community, instead of giving cash to your chosen charity, consider donating securities and mutual funds. This is a strategic and highly tax efficient way to satisfy your philanthropic ambitions and contribute to...

With the inevitability of having to take on some significant debt in your lifetime, it is important that you understand different types of debt and how to effectively manage it. Are some types of debts better than others? Which debt should I pay off...

Financial advice tends to be geared towards couples. According to Statistics Canada, however, the number of single-income households is at an all-time high with 65% of Canadians over the age of 40 currently single, divorced, or widowed, and expecting...

As you begin to earn more money, it is important to re-evaluate your spending habits. The key is to strike a balance between enjoying the things that matter most in life to you, while also setting yourself up for a secure financial future. This artic...

It is hard to watch your parents get older. Taking an active role caring for someone who used to care for you is a foreign and sometimes uncomfortable feeling. As populations continue to age, it is important for adult children to learn how to handle...

With the prospect of retirement on the horizon, you may be starting to think about where in the world you want to retire. Residing abroad – either permanently or temporarily, may appeal to you as an exciting opportunity for a variety of reasons. You...